Jay-Z Selling Stake In D'Ussé

Jay-Z famously sips on D'Ussé, but he no longer wants to own the liquor brand he's now selling it to his partners at Bacardi, but he suspects the company's playing a high stakes "shell game. Jay's filed docs demanding Bacardi open the books on its 50/50 partnership with him on D'Ussé the top-shelf cognac they've co-owned since 2012 and now we know why. Jay's company, SC Liquor, exercised its right to a buyout about a year ago. Under their agreement, Bacardi now has to "negotiate in good faith" to come up with a fair price for Jay's stake in D'Ussé. Therein lies the problem Jay thinks they're not playing fair. In the docs, SC Liquor says Bacardi's subsidiary, Empire Investments Inc., is trying to "stall and stonewall" all efforts to get financial info on the valuation of D'Ussé. Keep in mind, no one's done more than Jay to hype the brand, shouting it out in countless verses and after a year of Bacardi dragging its feet, Jay thinks their endgame is lowballing him on the price.

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